Posts by Hometown Insurance
JPMorgan, Morgan Stanley Fight Suits Over Role in Buyout Deals
JPMorgan Chase & Co. and Morgan Stanley are among banks shareholders are suing over their roles on multibillion-dollar buyout deals after a recent corporate-law overhaul failed to protect financial advisers from potential liability. In cases against financial advisers, shareholders have …
Read More King Risk Partners Expands in New York With Norton and Siegel
King Risk Partners announced it has acquired the independent insurance agency Norton and Siegel in New York. Established in Babylon Village on the South Shore of Long Island in 1892, Norton and Siegel is a multigenerational agency offering personal and …
Read More Deloitte to Pay $21.5 Million to Settle US Probe Over DEI
Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second term in office. The settlement marks a …
Read More Google Expands Gemini Enterprise AI Platform for Law Firms, Lawyers
Alphabet’s Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand for AI. The company said its Gemini Enterprise for Legal …
Read More People Moves: Alacrity Solutions Promotes Boyd to COO
Alacrity Solutions Group LLC, headquartered in Fishers, Indiana, promoted Lee Boyd to chief operating officer (COO). Backed by over two decades of experience in the insurance industry, Boyd joined Alacrity in 2021 and has held the roles of vice president …
Read More Missouri Contractor Sentenced for Fraud Scheme
Missouri Attorney General Catherine Hanaway announced that a contractor has pled guilty to defrauding consumers through his residential contracting business. Gene M. Matlock, owner of Matlock Construction, pled guilty on August 17 to one felony count of deceptive business practices …
Read More Texas Oil Industry Running Out of Space to Dispose Wastewater
Elected officials and industry leaders warn that Texas is at the “precipice” of running out of underground space to dispose of the nearly 1 billion gallons of wastewater that oil and gas production generates every day in the Permian Basin. …
Read More Inszone Acquires Oklahoma’s Harris Insurance Services
Inszone Insurance Services announced the acquisition of Harris Insurance Services. This strategic acquisition strengthens Inszone’s personal lines footprint in Oklahoma, bringing a respected, century-old family agency into the Inszone family. Founded in 1925 by Charles R. Harris and later incorporated …
Read More Canada Announces Retaliatory Tariffs on $20 Billion Worth of US Goods
Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of United States goods, matching dollar-for-dollar new duties imposed by Washington, and unveiled financial support for Canadian businesses and workers caught in the escalating trade war. The counter-tariffs …
Read More Viewpoint: When Andrew Returns – A Look Back at a Pivotal Insurance Event
At five o’clock on the morning of August 24, 1992, Hurricane Andrew came ashore near Homestead, Florida, as a Category 5 storm. It was one of only four hurricanes known to have struck the continental United States at Category 5 …
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